KILLER BEES
An investment banker or a firm that supports a company against any takeover attempt, making it more difficult or less attractive to acquire. Called killer bees, it employs defensive measures such as shark repellents to keep a hostile takeover from coming. The company will use its other tactics to deter or avoid such attempts.
Other techniques to fend off takeover are the following: white knight, a more friendly approach of acquiring the company willing to enter the bidding arena; standstill agreement, a negotiated arrangement that limits the takeover company's holding in the target company; Pacman defense, target company creates a takeover bid for the stock of the bidding company; and litigation, which delays a takeover.
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Piotroski Score
A discrete score between 0-9 which reflects nine criteria used to determine the strength of a firm's financial position. The Piotroski score is ...
Jitney
An illegal scheme where two brokers trade a stock back and forth in order to raise the trading volume and rack up commissions
An ...
Hedge
A strategy used to protect an investment against loss. A hedge often consists of taking an offsetting position in a related security, such as a fut ...
Preference Shares
These are company stocks with dividends that are paid to the shareholders before common stock dividends are paid out. In case the company goes bank ...
Channel Check
Independent stock analysis on a firm based on the information given to third parties. These are most frequently conducted through conversations or ...
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